420-120 Homewood Avenue, Toronto, ON
North St. James Town, Toronto · MLS® C13712372
About this home
*** A unique loft for discerning taste at Tridel's Gold LEED certified Verve featuring soaring 10' smooth ceiling and a wide design allowing for plenty of light and versatile furniture set up. Overlooking the park, meticulously maintained, offering a like-new feel. Perfectly positioned- nestled in the middle of the building, (away from elevators, stairs, chute) low traffic & quiet. *** The well-designed kitchen is sure to impress- featuring a large centre island with seating for four, abundant quality cabinetry, upgraded finishes, and a quartz countertop. Numerous other highlights: hardwood flooring with plywood underneath (additional insulation- in terms of temperature and noise), custom Hunter Douglas blinds and custom drapery, closet doors, crown mouldings, contemporary crystal light fixtures. 2nd bedroom sliding doors were removed- to allow for more open flow. Enjoy the outdoor space - a spacious balcony spanning the width of the unit, facing east & overlooking the park. Building amenities include: resort style rooftop outdoor pool with cabanas, BBQ areas, state of the art -bright & extensive gym, yoga studio, steam & dry saunas, billiard room, meeting room, dining & party room, bike storage, visitor parking. Area Amenities: Steps to Rabba, Red Rocket, Wellesley/ Sherbourne bus can connect to Yonge or Bloor subway line. Close proximity to Yonge & Bloor, Yorkville, U of T, Queen's Park, numerous Hospitals (St. Michael's, Mount Sinai, Toronto General, Princess Margaret, UHN). Other nearby highlights: Allan Gardens, Riverdale park west, Rosedale Ravine Lands, bike paths, easy access to DVP. Prime P1 parking spot- steps to elevator. Convenient locker room also on P1-easy access location. *Photos reflect virtual staging, virtual de-staging.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13712372
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Jarvis & Wellesley
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $647/mo
- Exposure
- East
- Property tax
- $3,399 / 2026
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rooms
overlooks park · overlooks park · east view
hardwood floor · large closet
overlooks park · hardwood floor · large closet
combined w/dining · hardwood floor · w/o to balcony
combined w/living · hardwood floor
centre island · hardwood floor · stainless steel appl
Listed at $778,000, and my independent estimate is about 25% above what comparable homes suggest.
In North St. James Town lately, sellers get about 97% of asking; homes sell in ~39 days · prices down 19% YoY.
Total price vs nearby homes. Fair value about $624K, median of 14 comparables.
- Ravine / green setting. This home is described as backing onto a ravine or green setting, a premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $665K, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in North St. James Town, so I widened the search to the surrounding area.
Based on 14 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 8% above the area average of $959/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
North St. James Town, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 26, 2026); conventional rates run a little higher.
Mortgage amount $622,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,355
- Property tax
- $283
- Condo / maintenance fees
- $647
- Heating
- $0
- Estimated monthly cost
- $4,286
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,035
- Toronto municipal land transfer tax
- $12,035
- Estimated closing costs
- $24,070
Plus your down payment of $155,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $201,326
- Principal paid down
- $78,334
- Interest paid
- $122,992
- Balance remaining
- $544,066
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.